Guide price

£125,000

1 bed flat for sale
3 Birch Lane, Manchester M13

    • 1 bed

    • 1 bath

  • EPC Rating: C

Leasehold
Added on 24/04/2024

About this property

  • Secure parking included

  • Vacant – ready to move in or let

  • 1 Double bedroom apartment

  • Ideal first-time buy or investment

  • Estimated 9.1% gross yield

Located in Plymouth Point, 1–3 Birch Lane (M13 0NW), this well-positioned one-bedroom apartment presents an excellent opportunity for both first-time buyers and buy-to-let investors

The property is offered vacant, providing flexibility to move straight in or secure a new tenancy immediately. It is currently being marketed for rent at £945 per calendar month, which equates to an attractive gross yield of approximately 9.1% based on the asking price of £125,000.

The apartment comprises a comfortable living area, fitted kitchen, double bedroom, and bathroom. It is offered furnished and benefits from secure parking, a valuable feature in this location.

With 106 years remaining on the lease, a reasonable ground rent of £150 per annum, and a service charge of £1,383.75 per annum, this is a well-balanced and affordable city investment.

Situated close to Manchester universities, mri hospital, transport links, and the city centre, the property consistently appeals to students and young professionals, supporting strong rental demand.

Investment Snapshot
  • Asking Price: £125,000

  • Rental Advertised: £945 pcm (£11,340 per annum)

  • Approx. Gross Yield: 9.1%

  • Service Charge: £1,383.75 per annum

  • Ground Rent: £150 per annum

  • EPC: C

  • Council Tax Band: B

  • Lease Remaining: 106 years

Whether you are looking for a high-yield investment or an affordable step onto the property ladder, this apartment represents strong value in a high-demand area.

Call or send an enquiry today to arrange a viewing.

EPC rating: C.

Mortgage calculator

Monthly repayment

£625 per month

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More information

  • Tenure

    Leasehold (NaN years)

  • Service charge

    £1,384 per year

  • Council tax band

    B

  • Ground rent

    £150

  • Ground rent date of next review

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